DOV vs. AXON, TS, HUBB, BALL, IEX, AVY, ROK, XYL, PKG, and GGG
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Tenaris (TS), Hubbell (HUBB), Ball (BALL), IDEX (IEX), Avery Dennison (AVY), Rockwell Automation (ROK), Xylem (XYL), Packaging Co. of America (PKG), and Graco (GGG). These companies are all part of the "industrial products" sector.
Dover (NYSE:DOV) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, earnings, risk, profitability, community ranking, dividends, valuation and analyst recommendations.
Dover received 304 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 63.84% of users gave Axon Enterprise an outperform vote while only 61.60% of users gave Dover an outperform vote.
Dover currently has a consensus price target of $185.75, indicating a potential upside of 3.10%. Axon Enterprise has a consensus price target of $314.91, indicating a potential upside of 2.17%. Given Dover's higher possible upside, analysts clearly believe Dover is more favorable than Axon Enterprise.
84.5% of Dover shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 1.3% of Dover shares are owned by company insiders. Comparatively, 6.1% of Axon Enterprise shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.
Dover has a net margin of 17.28% compared to Axon Enterprise's net margin of 11.14%. Dover's return on equity of 25.41% beat Axon Enterprise's return on equity.
In the previous week, Dover had 61 more articles in the media than Axon Enterprise. MarketBeat recorded 86 mentions for Dover and 25 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.46 beat Dover's score of 0.09 indicating that Axon Enterprise is being referred to more favorably in the news media.
Dover has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.
Summary
Dover beats Axon Enterprise on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DOV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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